Episode 68: Money Matters: Embracing Financial Education for Any Age

When it comes to money, there are so many ways to learn vital lessons and techniques that help us make wiser financial decisions.

Whether you're someone who likes to learn about financial topics for fun or tends to learn from experience, becoming financially literate is a goal most of us should strive for. In this episode, we're discussing financial literacy and its crucial role in our lives and society. 

Links: 

• Financial literacy stats sourced from this article.
• Test your knowledge with the Investopedia Financial Literacy Quiz!
• Explore and download our When Dollars Make Sense workbook for kids!
• Check out TCU University for more financial education tips and resources! 
• Follow us on Facebook, Instagram and Twitter!
• Learn more about Triangle Credit Union

Financial Literacy Quiz answers:

• 1. Which of these is NOT part of determining your credit score? Marital Status
  2. When you invest in an employer's traditional 401(k) retirement savings plan, your contributions are taxed when you withdraw them during retirement.
  3. What causes inflation? Increases in wages, price of raw materials, taxes, and/or a decrease in productivity
  4. Which of these is NOT a stock market index? New York Stock Exchange
  5. What Does Annual Percentage Rate (APR) Mean? APR is the rate you pay in interest on money borrowed.
  6. True or false: Annual Percentage Yield (APY) is the interest you earn over the course of a full year on money deposited. True
  7. Which home loan allows first-time homebuyers to put down just 3.5%? Federal Housing Administration (FHA) mortgage